4965 Tuscarawas St Canton, OH 44708

This exceptional investment opportunity presents a 20,885 square foot, 100% occupied shopping center in Canton, Ohio. The property boasts five tenants, including a Pet Supplies Plus (anchoring 39% of the GLA) and Great Expressions Dental Centers (12% of GLA), both with long-term leases. Built in 1977, this single-building, fee-simple property sits on a 1.57-acre lot and features a strong NOI of $175,431, resulting in an attractive 8.50% cap rate. The asking price is $2,065,000, translating to $98.87 per square foot. Four of the five tenants have occupied the space for over 20 years, demonstrating exceptional tenant longevity and historical occupancy. The property benefits from a prime location on Tuscarawas Street West, a major thoroughfare connecting Canton and Massillon, with high daily vehicle traffic (20,590 VPD). Its strategic placement within a well-established retail corridor, near major retailers like Marc's Grocery and Walmart, ensures consistent traffic and visibility. The surrounding area features a dense population (7,814 within 1 mile, 58,131 within 3 miles, and 147,677 within 5 miles), further enhancing the property's value. Approximately 45% of the GLA offers flexible usage potential, mitigating future re-tenanting risks and providing lucrative value-add opportunities through potential rent increases and lease term extensions. The property also benefits from prominent pylon signage and convenient access from both the main roadway and a side street. This stabilized investment offers a compelling combination of strong cash flow, long-term tenants, and significant upside potential.